LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) showed a drop in the inventory levels of most base metals viz. Zinc, Lead and Aluminium. While Copper and Nickel inventories witnessed a built-up.

Copper stocks increased by 950 tonnes. While Nickel stocks added 846 tonnes. On the contrary, Aluminium inventories subtracted 7925 tonnes. Stock levels of lead and zinc deducted 3900 tonnes and 2600 tonnes respectively.